Hot new low float sub-penny in play tomorrow
PennyStockGeneral Newsletter
Peoplesway.com Inc (PLWY) Traders ,
I hope you all had a good weekend. It was very turbulent in the markets last week, but Friday saw a nice upside recovery that we think will continue this week. We have been searching all weekend for a low float play, and found excellent potential in Peoplesway.com Inc (PLWY) .
PLWY is priced at $0.0045 and has been consolidating at this level for several weeks now. As you can see in the chart below, it appears there is solid support at around $0.0025. This support could be the launch pad for a move higher. And its 50 and 200 day moving averages could be key targets. A run higher to the 50dma would see gains of 70% made , and a move back to its 200dma (where it was trading at just a few months ago), would see a massive gain of 340%.
You know how much we love small floats and PLWY has a tiny float per OTCMarkets.com . We think PLWY could be set to explode off this multi-week consolidation.
Peoplesway.com, Inc. (PLWY) headquartered in Charlotte, N.C. has historically been an international direct marketing company with an emphasis on its proven proprietary products including products related to the health and wellness industry.
The company has a rich family heritage in direct sales, dating back 35 years when they began marketing the finest quality skincare through multilevel marketing. The company helped to create several millionaires and it surpassed $500 million in worldwide sales before its founders retired a decade ago. PLWY markets and sells proprietary wellness products and skin care products through person to person and the website that each new member that joins our team receives.
More recently, PLWY has begun targeting companies with high growth potential in the technology sector that can be acquired. In line with this focus, PLWY acquired Idea WebCatcher Holdings, Inc earlier this year. Idea WebCatcher was established to identify and research primarily web and cloud based companies, applications and/or projects to incubate and assist operationally. With a number of projects already underway and others in consideration, we are excited about the potential for explosive growth of Idea WebCatcher.
And just recently Idea WebCatcher Holdings Inc, signed an exclusive agreement to proceed with eDev3, LLC for a revenue share venture with its digital games division AppRocket Studio.
You can continue your research on PLWY`s website at www.peoplesway.com
Recent Headlines
Peoplesway.com, Inc., Announces Revenue Share Agreement with AppRocket Studio Accesswire (Fri 1 Aug) Peoplesway.com`s Idea WebCatcher Announces Rights Acquisition to Proprietary Video Email Delivery Software Accesswire (Thu 31 Jul) Peoplesway.Com, Inc., Completes Acquisition of Idea WebCatcher Holdings Marketwired (Wed 9 Jul) Peoplesway.com Accelerating Idea WebCatcher Acquisition to Incorporate Related Technologies and Companies Marketwired (Tue 10 Jun) Peoplesway.Com, Inc. Moves Ahead on Idea WebCatcher Acquisition Marketwired (Mon 2 Jun) Peoplesway.Com, Inc., Sets Date for Memorandum of Understanding With Idea Webcatcher Holdings Marketwired (Wed 14 May) Peoplesway.Com, Inc., Nearing an Agreement With Idea WebCatcher Holdings Marketwired (Tue 13 May) Peoplesway.com, Inc., Discussions Advancing With Possible Acquistion Candidates Marketwired (Mon 12 May) Peoplesway.Com, Inc., Plans Expansion of Revenue Through Acquisition Marketwired (Mon 5 May)
We think PLWY is set up very well for a move higher off these consolidated levels. It`s strong technical base, low float and exciting news being released by the Company signal to us that there could be plenty of life to come in PLWY. Make sure you do you research right now and be ready at the bell.
The Team www.PennyStockGeneral.com
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